10325 Avenida Magnifica

10325 Avenida Magnifica

C

Scripps Ranch, CA 92131

$1,549,000
NEW — 3d

Soft Appraisal Value: $1,512,000 · 2.4% above estimate

Beds

4

Baths

2

Sqft

1,920

Year Built

1977

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014429SD

This property is in Scripps Ranch (92131). View neighborhood stats →

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About This Property

Nestled in the highly sought after community of Scripps Ranch, this beautiful well maintained single story home is situated on a generous 7,200 sq ft lot, featuring resort style outdoor living with a sparkling pool & hot tub. This 1,920 sq ft home features 4 beds, 2 baths, & an expansive living room & formal dining room with an abundance of natural light. The heart of the home is the spacious kitchen with a large center island, wood cabinetry, pantry, gas range, double ovens, & ample storage. The inviting family room off the kitchen features a gas fireplace & sliding glass doors that create a seamless connection to the backyard oasis. The primary suite offers a peaceful retreat with a walk in closet, updated en-suite bathroom & direct access to the backyard. Three additional bedrooms & a second bathroom provide flexibility for family, guests, or a home office. Upgrades include new interior paint, laminate flooring, new carpet in the living room & primary suite, new ceiling fans throughout, updated fixtures, dual pane windows & sliding doors, plantation shutters, newer water heater, & newer furnace & central A/C. Step outside to your own private resort style setting. The fully fenced backyard features an oversized pool & spa with patio, palm trees, and a grass area beneath a mature tree providing a tranquil place to relax. Large 2 car garage features laundry w/ utility sink. This home presents an exceptional opportunity to enjoy the very best of Scripps Ranch living within walking distance to top rated schools, Jerabek Park & Rec Center, & Scripps Ranch Swim & Racquet Club.

Mortgage Calculator

Est. Monthly Payment

$9,833

Principal & Interest$7,833
Property Tax$1,549
Insurance$452
%($309,800)
%

Location

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Investment Score

6D
Est. Monthly Rent
$5,255
Monthly Cashflow

Rent − PITIA

$-4,579
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,078

Mortgage (P+I)
$7,833
Cap Rate
0.58%
Cash-on-Cash
-27.42%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$14,447

NOI (Annual)
$9,054
Price-to-Rent

Lower = better for investors

24.6

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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